MOHAWK S&LA Failed 1981
What happened
MOHAWK S&LA of NEWARK, NJ was closed on 1981-12-09. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CITY FS&LA (ELIZABETH, NJ). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 619
- FDIC Certificate
- 28337
- FDIC FIN
- 1618
- Bank name
- MOHAWK S&LA
- Location
- NEWARK, NJ
- Failure date
- 1981-12-09
- FDIC resolution date
- 1981-12-09
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $76M
- Assets at failure
- $91M
- Acquiring bank
- CITY FS&LA (ELIZABETH, NJ)
Other banks CITY FS&LA acquired in FDIC resolutions